Bimba Manufacturing Company

Announcements · 2

May 27, 2020ACQUISITIONMonee, Illinois, United States$198.0M
IMI agrees to acquire Bimba Manufacturing for $198 million
IMI plc agreed to acquire Bimba, a Monee, Illinois maker of actuators and pneumatic cylinders, for $198 million in cash, with a further $2.5 million set aside for staff retention. Completion is subject to merger clearance and approval by Bimba's ESOP.
IMI plc acquirer Bimba Manufacturing Company target #Automation and Robotics #Pumps and Valves all-pneumatic.com
Dec 14, 2017ACQUISITIONUniversity Park, Illinois, United States$198.0M
IMI acquires Bimba Manufacturing for US$198 million
IMI plc agreed to acquire Bimba Manufacturing Company for US$198 million, announced on 14 December 2017, and has since completed the acquisition to strengthen its US industrial automation position.
IMI plc acquirer Bimba Manufacturing Company target #Automation and Robotics imiplc.com inddist.com

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Bimba Manufacturing Company · Endata